HE WHO PAYS THE PIPER

Has the BBC been running with this story today?

The BBC received millions of pounds from the European Union and local authorities over the past four years. The BBC admitted in a letter to a Tory MP that it has received nearly £3million in grant money from the European Union over the past four years. Other grants totalling £16million came from local authorities across the UK. The money was spent on “research and development projects”. The broadcaster also disclosed that its commercial arm BBC Worldwide borrowed over £141million from the European Investment Bank since 2003. Of that figure £30million is still due to be repaid by the end of May this year.